0652 GMT [Dow Jones] La Nina weather-related production risks and strong
demand for palm oil will likely result in higher CPO prices next year, Stanchart
says; it tips BMD CPO to average MYR3,450/ton in 2012 compared with its forecast
of MYR3,216/ton this year. "Demand from China and India is relatively muted, but
will likely pick up in 1Q 2012 as stocks are drawn down," assuming CPO prices
are still competitive compared with competing soyoil, it says. Benchmark
February CPO is MYR28 lower at MYR3,094/ton.
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